AFFIN BANK BERHAD

KLSE (MYR): AFFIN (5185)

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Last Price

2.86

Today's Change

-0.02 (0.69%)

Day's Change

2.83 - 2.89

Trading Volume

2,987,600


4 people like this.

4,105 comment(s). Last comment by loribalak 2 hours ago

Posted by Ashlyn52 > 2016-08-30 00:57 | Report Abuse

price seems very stable and ready to fly more anytime.

Posted by Sebastian Sted Power > 2016-08-30 16:19 | Report Abuse

EPF just like selling at pasar malam.. non-stop

just got few biji at 2.14

limweebeng

289 posts

Posted by limweebeng > 2016-08-30 20:09 | Report Abuse

Drop like hell.

Posted by Sebastian Sted Power > 2016-09-01 23:46 | Report Abuse

icon, you are right! Long term Affin still more secured than Airasia

Posted by shortinvestor77 > 2016-09-02 19:53 | Report Abuse

All analysts had given low TP than its market price last Q. But its value did not follow suit. Now some analyst have given far better TP than its current market price.

latlut

302 posts

Posted by latlut > 2016-09-02 20:04 | Report Abuse

when analyst give low TP, you should buy.

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-09-03 14:04 | Report Abuse

Job report turn out to be non-event. Can consider to buy oledi. Ringgit start to slide below 4.10 and should continue the slide next week all things being equal

Hotrod

731 posts

Posted by Hotrod > 2016-09-05 17:33 | Report Abuse

All banks have already moved. Time for this affin to move. Oil price is rallying now after discussion by Russia and Saudi in G20 summit.

Posted by shortinvestor77 > 2016-09-06 09:36 | Report Abuse

Moving now. Don't worry. Be happy.

limweebeng

289 posts

Posted by limweebeng > 2016-09-08 19:48 | Report Abuse

Still in down trending.

Posted by shortinvestor77 > 2016-09-08 22:10 | Report Abuse

Slow accumulating.

cooling

1,676 posts

Posted by cooling > 2016-09-08 22:11 | Report Abuse

kenanga say 2.04 sell

10bagger10

1,007 posts

Posted by 10bagger10 > 2016-09-09 17:38 | Report Abuse

Thanks contrarian?

limweebeng

289 posts

Posted by limweebeng > 2016-09-09 22:43 | Report Abuse

What is the meaning of dissolution subsidiary in the latest announcement? Close down affin capital sdn bhd? Any effect?

Posted by shortinvestor77 > 2016-09-11 22:11 | Report Abuse

TA asks to buy at TP RM 2.70. How come cooling cannot see? Blind already?

bracoli

2,579 posts

Posted by bracoli > 2016-09-14 18:57 | Report Abuse

Hopefully window dressing on bank counters

limweebeng

289 posts

Posted by limweebeng > 2016-09-14 21:18 | Report Abuse

Drop like no tomorrow

mysmo1

201 posts

Posted by mysmo1 > 2016-09-14 21:27 | Report Abuse

epf keep throwing bank share, why?

bracoli

2,579 posts

Posted by bracoli > 2016-09-14 23:57 | Report Abuse

Have faith

kktom

394 posts

Posted by kktom > 2016-09-15 20:50 | Report Abuse

no sun shine day anymore

Posted by shortinvestor77 > 2016-09-15 20:57 | Report Abuse

After raining, surely got sunshine and rainbow.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-20 01:14 | Report Abuse

hi affin team
why currenlty affin bank like not uch customer ?
last time I went in affin bank got two counter open
recently only got one counter open and inside affin bank only me one customer only
because I got saving account in affin bank
but why affin bank inside like very lonely , I mean no people one,
beside affin is maybank and ambank there got many customer
can explain , but affin qr was very good better than other banks
but just I personally feel affin seem not ively like b4?
sorry If I wrong please correct me
thanks a lot affin team

pussycats

7,640 posts

Posted by pussycats > 2016-09-20 02:20 | Report Abuse

u r right, no many customers in Aff bank meaning less business for Aff Bank, like the case of supermarket→ less people = less business. I don't dare to touch Aff Bank becos Aff Bank very less customer in the bank. Buy if u like at your own risk.

TheContrarian

9,491 posts

Posted by TheContrarian > 2016-09-20 17:05 | Report Abuse

Angielim, bought Affin @ 2.09 today. Wish me luck.

Posted by shortinvestor77 > 2016-09-20 21:54 | Report Abuse

Small and medium companies are Affin major customers. Now many transactions done on line, less done in banks.

Hotrod

731 posts

Posted by Hotrod > 2016-09-21 17:08 | Report Abuse

Affin's strength is its connections with LTAT and Boustead. They get alot of business from companies related to this 2 organizations.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-21 21:33 | Report Abuse

TheContrarian , ok good luck TheContrarian as you always do, however TheContrarian would you consider buy maybank now on;y 7.76 ?

pussycats,shortinvestor77, Hotrod

thanks for your guys comment , but Hotrod is the best la, ya affin depend on ltat and bst gg
if no them affin will very suffer for sure.however affin online systme is not quite good , cimbclick and m2u better than affin online operates.

TheContrarian

9,491 posts

Posted by TheContrarian > 2016-09-21 21:43 | Report Abuse

Maybank is beyond my budget.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-21 21:49 | Report Abuse

TheContrarian , thanks for sharing
I also simpan sikit affin , so cheap keep lol.
haha.

TheContrarian , can I ask some extra knowlege, because as you know I am newbie here ?

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-21 21:52 | Report Abuse

TheContrarian , thanks for sharing
I also simpan sikit affin , so cheap keep lol.
haha.

TheContrarian , can I ask some extra knowlege, because as you know I am newbie here ?
21/09/2016 21:49

UMWOG-C1 CALL WARRANTS 06/11/2015 28/11/2016 1.18 0.01 3:1 0.325 (36.72%) 29.50
UMWOG-C2 CALL WARRANTS 06/11/2015 28/11/2016 1.38 0.015 3:1 0.54 (61.01%) 19.666

as we checked we find out actually C1 excercised price only 1.18 vs C2 1,38,
and both share same ration and maturity date .

However why people only trade C2 a lot and make price up , but C1 which better than C2 no volume only 0 volume and price lower than C2.

TheContrarian is this is no explannation ? , those traders just goreng what they like to push up ?

Hotrod

731 posts

Posted by Hotrod > 2016-09-21 22:17 | Report Abuse

Maybank did not fall alot as much compared to Affin. Based on current valuation, Affin has lower downside risk as compared to Maybank.

TheContrarian

9,491 posts

Posted by TheContrarian > 2016-09-22 17:38 | Report Abuse

Angielim, sorry I have stayed away from call warrants for many years after a bad experience in a Tenaga call warrant which I lost around RM10,000 when Tenaga share price collapsed because of high coal prices.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-23 18:03 | Report Abuse

TheContrarian , thanks
TheContrarian
and no worry I alreay get the answer, seem is kacau kacau by traders who want to trap people
so I also skip umwoil too dangerous
I also quite cw . I also loss many money at cw
better play normal stock
thanks for advise
noted

TheContrarian how you look UMcca plantation , can keep now only 5.70

TheContrarian

9,491 posts

Posted by TheContrarian > 2016-09-23 20:48 | Report Abuse

Never tracked UMcca before. The plantation counter that I own is Boustead Plantation (BPlant). Pays regular 3 sen dividend every quarter, one year minimum 12 sen. Share price only around RM1.50.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-23 21:22 | Report Abuse

TheContrarian , good wor, ya the best is bplant, report is good also
I miss this
thanks for tips

Posted by Activetrader > 2016-09-23 22:02 | Report Abuse

just keep one day will shine. for the merger or taking over :) silent is gold

TheContrarian

9,491 posts

Posted by TheContrarian > 2016-09-26 12:29 | Report Abuse

Today starting to shine.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-26 18:16 | Report Abuse

TheContrarian all the best

TheContrarian

9,491 posts

Posted by TheContrarian > 2016-09-26 20:17 | Report Abuse

Same to you.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-26 21:31 | Report Abuse

the contrarian, insas got new annoucement 26/09/2016 General Announcement for PLC
about share buy back
do you know is a good news ?

Posted by prudentinvestor > 2016-09-27 09:53 | Report Abuse

Affin's NTA is 4.42 per share. No bank stock should trade at less than half of its NTA.

TheContrarian

9,491 posts

Posted by TheContrarian > 2016-09-27 13:46 | Report Abuse

Insas merely announcing routine process to obtain shareholders prior approval for share buy back. They must actually buy back.

Posted by shortinvestor77 > 2016-09-27 19:39 | Report Abuse

You comment is good, prudent investor. It is far undervalued.

beso

2,137 posts

Posted by beso > 2016-09-27 23:20 | Report Abuse

mesti boleh turun lagi

TheContrarian

9,491 posts

Posted by TheContrarian > 2016-09-28 00:12 | Report Abuse

If EPF has completed their sell down then Affin will go up non-stop because the free float is very small. Three major shareholders, namely Lembaga Tabung Angkatan Tentera, Boustead and Bank of East Asia together owns around 75%.

limweebeng

289 posts

Posted by limweebeng > 2016-09-28 16:41 | Report Abuse

EPF has 140 million Affin shares.

Icon8888

18,659 posts

Posted by Icon8888 > 2016-09-29 06:01 | Report Abuse

Oil up 2.80 $

Banking stocks as a proxy to oil play

Affin will up further today

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